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WASHINGTON (Reuters) - A bipartisan group of U.S. senators on Thursday proposed a 25% tax credit for investments in semiconductor manufacturing as Congress works to increase U.S. chip production.
WASHINGTON (Reuters) -The U.S. Federal Communications Commission voted unanimously on Thursday to advance a plan to ban approvals for equipment in U.S. telecommunications networks from Chinese companies deemed national security threats like Huawei and ZTE.
BERLIN (Reuters) - German engineering group Siemens will at least partly raise its growth and profitability targets as it seeks to mitigate pressure from investors, Handelsblatt newspaper reported on Thursday, citing industry sources.
SEOUL (Reuters) -Hyundai Motor Group is in talks with South Korean chip companies to help it reduce reliance on foreign supplies amid a global shortage that has halted assembly lines at automakers around the world, four people familiar with the matter told Reuters.
(Reuters) -Meatpacker JBS USA paid a ransom equivalent to $11 million following a cyberattack that disrupted its North American and Australian operations, the company's CEO said in a statement on Wednesday.
Expert say cybercriminals have tailored their approach specifically to target end users in a bid to break into corporate networks.
US-China tech war: Apple puts China squarely at the apex of supplier list, bucking talk of decoupling and scrutiny of its vendors
Nearly one-third of the newly shortlisted companies are from the Chinese mainland, according to a Post analysis of Apple’s supplier list for 2017 and 2020. The increase in the number of mainland companies used by the iPhone maker highlights the importance of China in global hi-tech supply chains.
BERLIN (Reuters) - Software group SAP said on Wednesday it was launching a social network for businesses, creating a forum around some of its key product lines that will help connect companies and boost visibility across complex supply chains.
MELBOURNE (Reuters) - Tesla said it expects to spend more than $1 billion a year on battery raw materials from Australia given the country's reliable mining industry and responsible production practices.